OTCPK:NOSOF - Post by User
Comment by
glorieuxon Apr 14, 2008 10:05am
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Post# 14967600
RE: The time is now
RE: The time is nowI would not be so bold as to say hours. However, when the Short positions cover over 85% of their position in one month, leaving a measly 200k shares shorted out of about 132M, we are set for a good rise in the SP. The shorters are usually ahead of the game and for them to bail out like they did, they know something is coming and that we are as low as we are going to go.
As for timing of events that will cause a rise in SP, no one can predict this. However, we have been waiting 8 weeks for Assays from Eagle 2 and expect this any time. Also 43-101 and TSX listing could come any time as well. Visuals on other eagles is also possible at any time with the 3 drills working hard. I think 2 weeks is max but trying to time this is risky.
Good luck,
Glorieux